PowerTrack, from U.S. Bank, is the global market leader in freight payments. In addition, PowerTrack provides trusted business-to-business payment solutions for payables, receivables, telecom, utilities, and global trade payments. PowerTrack processes $19 billion in global payment volume annually. PowerTrack’s robust online tool allows the electronic submission, processing, audit, and payment of invoices with minimal intervention. Carriers and shippers address discrepancies in a collaborative online environment, accessible anytime, anywhere. State-of-the-art technology, highly efficient automated processes, and flexibile solutions allow customers to reduce costs, improve financial performance, improve trading partner relationships, and harness actionable business intelligence.
PowerTrack recognizes that a number of challenges currently face supply chain constituencies, particularly shippers and carriers. Volatile fuel prices and declining trade have adversely affected transportation. Maintaining liquidity is of paramount importance. As suppliers attempt to reduce Days Sales Outstanding and payers attempt to increase Days Payable Outstanding, the tension can be ruinous. PowerTrack provides trade finance to make this possible, while improving relationships through collaboration and reducing the cost and effort to manage invoicing processing and payments for all.
With PowerTrack, customers are poised for quick action to market concerns. Companies are faced with the daunting task of quickly understanding what is driving cost and how it can be controlled and improved. Due to the depth of data captured and the flexibility of PowerTrack reporting, clients on both sides of the shipping equation benefit from the wealth of information that supports effective decision-making. PowerTrack provides global visibility in the organization, making it possible to take control. As changes are made, PowerTrack enforces corporate policies and contracts, yet is flexible to adapt to local market and business management needs. Click here, to read the press release from Supply & Demand Chain Executive.
About PowerTrack, U.S. Bank
PowerTrack makes millions of electronic business-to-business payments each year in currencies around the world for global companies seeking to eliminate expenses while increasing fiscal control and business intelligence. Efficient invoice delivery and receipt, pre-payment audits, automated approvals, electronic settlement, and integrated trade financing make PowerTrack the leading choice in commercial payment solutions. Visit PowerTrack on the web at www.powertrack.com.
U.S. Bank, is the 6th largest commercial banking institution in the United States and is a 2009 Top 50 World’s Safest Bank according to Global Finance. U.S. Bank’s financial stability and adherence to banking standards and regulations provides customers with peace-of-mind and unmatched security.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
# # #
If you would like more information about this topic, please contact Marketing at 800-925-4324.
|